PENN DAVIS MCFARLAND INC Long-Term Concentrated

Location: Dallas, TX

CIK: 0001108893 · Show all filings

Period: Q3 2017 (← Previous) (Next →)

Filing Date: Oct 19, 2017

Total Value: $323M (96.7% shares, 3.3% debt)

Holdings (29)

GOOG ALPHABET INC CL C (GOOGLE C) 8.6%

Value $27.66M Shares 28,842 Share Price $959.12 * Est. Cost/Share $35.61 Unrealized @ Report Date +29.8%

EPD ENTERPRISE PRODUCTS PRTNS 8.5%

Value $27.55M Shares 1,056,712 Share Price $26.07 Est. Cost/Share $50.33 Unrealized @ Report Date —

QCOM QUALCOMM INC 7.7%

Value $24.75M Shares 477,358 Share Price $51.84 * Est. Cost/Share $45.28 Unrealized @ Report Date -6.6%

AAPL APPLE INC. 7.4%

Value $23.75M Shares 154,104 Share Price $154.12 * Est. Cost/Share $22.55 Unrealized @ Report Date +60.3%

— MONSANTO COMPANY 6.7%

Value $21.59M Shares 180,204 Share Price $119.82 Est. Cost/Share $92.13 Unrealized @ Report Date —

KMI KINDER MORGAN, INC. 5.9%

Value $18.93M Shares 986,795 Share Price $19.18 * Est. Cost/Share $15.59 Unrealized @ Report Date -21.2%

GOOGL ALPHABET INC CL A (GOOGLE A) 5.3%

Value $17.14M Shares 17,604 Share Price $973.70 * Est. Cost/Share $36.73 Unrealized @ Report Date +28.2%

— DELL TECHNOLOGIES CLASS V 4.7%

Value $15.29M Shares 198,061 Share Price $77.21 Est. Cost/Share $47.80 Unrealized @ Report Date —

GILD GILEAD SCIENCES, INC 4.3%

Value $13.85M Shares 170,954 Share Price $81.02 * Est. Cost/Share $60.66 Unrealized @ Report Date -7.8%

— INOVALON HOLDINGS INC. (Class A) 4.3%

Value $13.74M Shares 805,912 Share Price $17.05 Est. Cost/Share $14.89 Unrealized @ Report Date —

CHKP CHECK POINT SOFTWARE TECH 3.8%

Value $12.4M Shares 108,777 Share Price $114.02 * Est. Cost/Share $48.49 Unrealized @ Report Date +126.7%

SLB SCHLUMBERGER LTD 3.7%

Value $11.97M Shares 171,666 Share Price $69.76 * Est. Cost/Share $64.62 Unrealized @ Report Date -19.7%

LVS LAS VEGAS SANDS 3.5%

Value $11.42M Shares 178,000 Share Price $64.16 * Est. Cost/Share $38.64 Unrealized @ Report Date +33.8%

— LAYNE CHRISTENSEN 4.25 CONVERT DUE 11/15/2018 3.3%

Value $10.73M Shares 11,043,000 Share Price $0.97 Est. Cost/Share $0.68 Unrealized @ Report Date —

XYL XYLEM INC. 3.2%

Value $10.43M Shares 166,476 Share Price $62.63 * Est. Cost/Share $32.14 Unrealized @ Report Date +68.2%

— CELGENE CORPORATION 3.1%

Value $9.892M Shares 67,840 Share Price $145.81 Est. Cost/Share $124.43 Unrealized @ Report Date —

ABBNY ABB LIMITED 3.1%

Value $9.869M Shares 398,755 Share Price $24.75 Est. Cost/Share $19.42 Unrealized @ Report Date —

— NOBLE ENERGY INC 2.7%

Value $8.698M Shares 306,717 Share Price $28.36 Est. Cost/Share $56.53 Unrealized @ Report Date —

BMY BRISTOL-MYERS SQUIBB CO 2.7%

Value $8.662M Shares 135,899 Share Price $63.74 * Est. Cost/Share $39.93 Unrealized @ Report Date +8.0%

— TWENTY-FIRST CENTURY FOX, INC 2.6%

Value $8.319M Shares 315,359 Share Price $26.38 Est. Cost/Share $26.94 Unrealized @ Report Date —

ACN ACCENTURE PLC 2.1%

Value $6.637M Shares 49,138 Share Price $135.07 * Est. Cost/Share $64.00 Unrealized @ Report Date +79.2%

MOS THE MOSAIC COMPANY 1.3%

Value $4.304M Shares 199,374 Share Price $21.59 * Est. Cost/Share $25.58 Unrealized @ Report Date -26.0%

HON HONEYWELL INTL INC 0.6%

Value $2.03M Shares 14,321 Share Price $141.75 * Est. Cost/Share $56.13 Unrealized @ Report Date +85.9%

MTDR MATADOR RESOURCES CO. 0.4%

Value $1.222M Shares 45,000 Share Price $27.16 * Est. Cost/Share $9.87 Unrealized @ Report Date +140.6%

DMLP DORCHESTER MINERALS LP 0.3%

Value $920K Shares 61,130 Share Price $15.05 Est. Cost/Share $9.96 Unrealized @ Report Date —

— DISH NETWORK CORP 0.2%

Value $601K Shares 11,075 Share Price $54.27 Est. Cost/Share $42.52 Unrealized @ Report Date —

XOM EXXON MOBIL CORP 0.1%

Value $340K Shares 4,151 Share Price $81.91 * Est. Cost/Share $51.96 Unrealized @ Report Date +4.6%

AMGN AMGEN INC 0.1%

Value $280K Shares 1,500 Share Price $186.67 * Est. Cost/Share $127.72 Unrealized @ Report Date +7.7%

— BARCLAYS BK PLC CONV ZERO CPN 0.0%

Value $44,000 Shares 46,000 Share Price $0.96 Est. Cost/Share $1.07 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
GOOG	ALPHABET INC CL C (GOOGLE C)	28,842	$27.66M	8.6%	$959.12 *	$35.61	+29.8%	Common Stocks	02079K107
EPD	ENTERPRISE PRODUCTS PRTNS	1,056,712	$27.55M	8.5%	$26.07	$50.33	—	Common Stocks	293792107
QCOM	QUALCOMM INC	477,358	$24.75M	7.7%	$51.84 *	$45.28	-6.6%	Common Stocks	747525103
AAPL	APPLE INC.	154,104	$23.75M	7.4%	$154.12 *	$22.55	+60.3%	Common Stocks	037833100
—	MONSANTO COMPANY	180,204	$21.59M	6.7%	$119.82	$92.13	—	Common Stocks	61166W101
KMI	KINDER MORGAN, INC.	986,795	$18.93M	5.9%	$19.18 *	$15.59	-21.2%	Common Stocks	49456B101
GOOGL	ALPHABET INC CL A (GOOGLE A)	17,604	$17.14M	5.3%	$973.70 *	$36.73	+28.2%	Common Stocks	02079K305
—	DELL TECHNOLOGIES CLASS V	198,061	$15.29M	4.7%	$77.21	$47.80	—	Common Stocks	24703L103
GILD	GILEAD SCIENCES, INC	170,954	$13.85M	4.3%	$81.02 *	$60.66	-7.8%	Common Stocks	375558103
—	INOVALON HOLDINGS INC. (Class A)	805,912	$13.74M	4.3%	$17.05	$14.89	—	Common Stocks	45781D101
CHKP	CHECK POINT SOFTWARE TECH	108,777	$12.4M	3.8%	$114.02 *	$48.49	+126.7%	Common Stocks	M22465104
SLB	SCHLUMBERGER LTD	171,666	$11.97M	3.7%	$69.76 *	$64.62	-19.7%	Common Stocks	806857108
LVS	LAS VEGAS SANDS	178,000	$11.42M	3.5%	$64.16 *	$38.64	+33.8%	Common Stocks	517834107
—	LAYNE CHRISTENSEN 4.25 CONVERT DUE 11/15/2018	11,043,000	$10.73M	3.3%	$0.97	$0.68	—	Convertible Bonds	521050AB0
XYL	XYLEM INC.	166,476	$10.43M	3.2%	$62.63 *	$32.14	+68.2%	Common Stocks	98419M100
—	CELGENE CORPORATION	67,840	$9.892M	3.1%	$145.81	$124.43	—	Common Stocks	151020104
ABBNY	ABB LIMITED	398,755	$9.869M	3.1%	$24.75	$19.42	—	Common Stocks	000375204
—	NOBLE ENERGY INC	306,717	$8.698M	2.7%	$28.36	$56.53	—	Common Stocks	655044105
BMY	BRISTOL-MYERS SQUIBB CO	135,899	$8.662M	2.7%	$63.74 *	$39.93	+8.0%	Common Stocks	110122108
—	TWENTY-FIRST CENTURY FOX, INC	315,359	$8.319M	2.6%	$26.38	$26.94	—	Common Stocks	90130A101
ACN	ACCENTURE PLC	49,138	$6.637M	2.1%	$135.07 *	$64.00	+79.2%	Common Stocks	G1151C101
MOS	THE MOSAIC COMPANY	199,374	$4.304M	1.3%	$21.59 *	$25.58	-26.0%	Common Stocks	61945C103
HON	HONEYWELL INTL INC	14,321	$2.03M	0.6%	$141.75 *	$56.13	+85.9%	Common Stocks	438516106
MTDR	MATADOR RESOURCES CO.	45,000	$1.222M	0.4%	$27.16 *	$9.87	+140.6%	Common Stocks	576485205
DMLP	DORCHESTER MINERALS LP	61,130	$920K	0.3%	$15.05	$9.96	—	Common Stocks	25820R105
—	DISH NETWORK CORP	11,075	$601K	0.2%	$54.27	$42.52	—	Common Stocks	25470M109
XOM	EXXON MOBIL CORP	4,151	$340K	0.1%	$81.91 *	$51.96	+4.6%	Common Stocks	30231G102
AMGN	AMGEN INC	1,500	$280K	0.1%	$186.67 *	$127.72	+7.7%	Common Stocks	031162100
—	BARCLAYS BK PLC CONV ZERO CPN	46,000	$44,000	0.0%	$0.96	$1.07	—	Convertible Bonds	06741JV89